Daily Latest News
New Delhi: US tech giant Amazon announced on Wednesday that it was cutting 16,000 jobs globally. This is the company’s second major round of layoffs since October. Beth Galetti, Senior Vice President of People Experience and Technology at Amazon wrote, “The reductions we are making today will impact approximately 16,000 roles across Amazon, and we’re…
New Delhi: A recent Instagram video has drawn attention to the mounting struggle of Indian tech workers. The video highlights the story of an IT engineer from Noida who has been unemployed for two months and is now working part-time for Rapido to cover his home loan EMIs. In the video shared by Nomadic Teju,…
New Delhi: HP Inc has announced that it plans to cut between 4,000 and 6,000 jobs globally by fiscal 2028 as part of a larger effort to streamline its operations and increase its use of artificial intelligence. The company said the move will help speed up product development, improve customer service and boost overall productivity….
New Delhi: In its biggest layoff in three years, Amazon is set for another major job cut spree in a bid to tighten costs and bring pre-pandemic overhiring balance. The e-commerce giant is set to lay off around 30,000 corporate employees starting today, the company’s biggest lay off spree since 2022. The saff firings will…
Intel has reinstated free coffee and tea at its workplaces after major job layoffs. The benefit was removed last summer as part of the company’s $10 billion yearly cost-cutting plan. This action is viewed as a modest but significant attempt to raise staff morale in the wake of recent budget cuts. In a message shared…
Intel has announced to bring back free coffee and tea for its employees after slashing a number of employee benefits in a bid to reduce costs. In August of this year, Intel decided to lay off 15,000 workers. Alongside these layoffs, Intel also scaled back several employee perks, including reimbursements for expenses such as…
New Delhi: Tech giant Cisco has announced another round of layoffs, affecting about 5,600 employees which accounts for around 7 per cent of its global workforce. This follows a similar downsizing in February, when Cisco laid off over 4,000 employees earlier this year. Cisco, in August 2024 hinted at plans to cut staff. However, the…
New Delhi: Goldman Sachs is gearing up for a round of layoffs which is expected to affect 3 per cent and 4 per cent of its workforce which translates to roughly 1,300 to 1,800 employees. These job cuts are part of the company’s routine annual review process, as reported by the Wall Street Journal. The…